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COVID-19 Quarantine Question: How Should 401(k) Plan Sponsors Communicate to Employees Working from Home?
Fiduciary News; registration may be required
Mar. 17, 2020 "Will social distancing lead to a more permanent role for telecommuting in the workplace? There are certainly advantages for both the employee and the employer when it comes to working remotely. One of the disadvantages, however, is the lack of ease of communicating that exists when working proximity is reduced.... For retirement plan sponsors, communication is not merely a form of social interaction, it's a fiduciary duty. How does the change in work location impact this duty? And what can 401k plan sponsors do about it? That the times are trying only makes it harder." |
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